SNDK financial statements

The full income statement, balance sheet, and cash-flow statement for Sandisk Corporation (SNDK), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

Shares outstanding (point-in-time)

2025-03 145.3M2025-06 145.8M2025-10 146.6M2026-01 147.6M2026-04 148.1M+1.9% over 4 periods

SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.

PeriodRangeOrderChangeYoYQoQFiguresAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023
Income Statement	as ofJun 27 ’25	as ofJun 28 ’24	as ofJun 30 ’23
Revenue	7.36B YoY+10.4%	6.66B YoY+9.5%	6.09B
	2.21B YoY+106.3%	1.07B YoY+149.3%	430M
Cost of revenue	5.14B YoY-8.0%	5.59B YoY-1.1%	5.66B
	3.59B YoY+133.1%	1.54B YoY-37.5%	2.46B
Research & development	1.13B YoY+6.7%	1.06B YoY-9.1%	1.17B
Selling, general & administrative	573M YoY+25.9%	455M YoY-18.5%	558M
Restructuring	21.0M YoY+152.5%	-40.0M YoY-158.0%	69.0M
Amortization of intangibles	—	—	133M
Operating income	-1.38B YoY-194.2%	-468M YoY+77.0%	-2.04B
Interest expense	63.0M YoY+57.5%	40.0M YoY+29.0%	31.0M
Interest & investment income	22.0M YoY+83.3%	12.0M YoY-42.9%	21.0M
Other non-operating income	-61.0M YoY-771.4%	-7.00M YoY-116.3%	43.0M
Equity-method income	-74.0M YoY-51.0%	-49.0M YoY-208.9%	45.0M
Pre-tax income	-1.48B YoY-194.0%	-503M YoY+74.9%	-2.00B
Income tax	162M YoY-4.1%	169M YoY+19.9%	141M
Net income	-1.64B YoY-144.2%	-672M YoY+68.6%	-2.14B
	-$11.32 YoY-144.5%	-$4.63 YoY+68.7%	-$14.78
EPS (basic)	-$11.32 YoY-144.5%	-$4.63 YoY+68.7%	-$14.78
	145M YoY+0.0%	145M YoY+0.0%	145M
	145M YoY+0.0%	145M YoY+0.0%	145M
Balance Sheet	as ofJun 27 ’25	as ofJun 28 ’24	as ofJun 30 ’23
	5.09B YoY+43.3%	3.55B	—
Cash & equivalents	1.48B YoY+351.5%	328M YoY+12.3%	292M
Accounts receivable	1.07B YoY+14.2%	935M	—
Inventory	2.08B YoY+6.3%	1.96B	—
Other current assets	392M YoY+77.4%	221M	—
	13.0B YoY-3.9%	13.5B	—
Property, plant & equipment	619M YoY-21.7%	791M	—
Operating lease right-of-use	214M YoY+19.6%	179M	—
Goodwill	5.00B YoY-30.6%	7.21B	—
Deferred tax assets	58.0M YoY-39.6%	96.0M	—
Other non-current assets	1.49B YoY+74.8%	852M	—
	1.43B YoY-32.8%	2.12B	—
Accrued liabilities	400M YoY-5.7%	424M	—
Deferred revenue	25.0M	—	—
Short-term & current debt	20.0M	0.00	—
Current lease liability	26.0M YoY+136.4%	11.0M	—
	3.77B YoY+55.5%	2.42B	—
Long-term debt	1.83B	0.00	—
Deferred revenue (non-current)	0.00	—	—
Non-current lease liability	193M YoY+12.9%	171M	—
Operating lease liability (total)	219M YoY+20.3%	182M	—
Deferred tax liabilities	17.0M YoY+13.3%	15.0M	—
Other non-current liabilities	365M YoY+27.6%	286M	—
	9.22B YoY-16.8%	11.1B YoY-3.1%	11.4B
Common stock	1.00M	0.00	—
Additional paid-in capital	11.2B	0.00	—
Retained earnings	-1.78B	0.00	—
Accumulated other comprehensive income	-249M YoY+44.9%	-452M	—
Total liabilities & equity	13.0B YoY-3.9%	13.5B	—
	146M	—	—
	146M	—	—
	146M	—	—
Cash Flow	as ofJun 27 ’25	as ofJun 28 ’24	as ofJun 30 ’23
	84.0M YoY+127.2%	-309M YoY+56.7%	-713M
Depreciation & amortization	163M YoY-27.2%	224M YoY-50.0%	448M
Intangible amortization	—	—	133M
Share-based compensation	182M YoY+22.1%	149M YoY-9.7%	165M
Deferred income taxes	-12.0M YoY+25.0%	-16.0M YoY+80.2%	-81.0M
Change in receivables	100M YoY-74.7%	395M YoY+152.7%	-750M
Change in inventory	160M YoY+151.0%	-314M YoY-213.4%	277M
Other operating activities	23.0M YoY-73.6%	87.0M YoY-23.7%	114M
	556M YoY+164.8%	210M YoY+211.1%	-189M
Capital expenditure	204M YoY+22.9%	166M YoY-24.2%	219M
Free cash flow	-120M YoY+74.7%	-475M YoY+49.0%	-932M
Acquisitions	0.00	0.00	0.00
Proceeds from sale of PP&E	0.00 YoY-100.0%	137M	0.00
	518M YoY+280.9%	136M YoY-84.2%	860M
Long-term debt issued	1.97B	0.00	0.00
Long-term debt repaid	0.00	0.00	0.00
Common stock issued	0.00	0.00	0.00
Common stock repurchased	0.00	0.00	0.00
Dividends paid	0.00	0.00	0.00
FX effect on cash	-5.00M YoY-400.0%	-1.00M YoY+0.0%	-1.00M
Net change in cash	1.15B YoY+3102.8%	36.0M YoY+183.7%	-43.0M
Interest paid	139M YoY+1058.3%	12.0M YoY+71.4%	7.00M
Income taxes paid	50.0M	0.00	0.00
Valuation Ratios	as ofJun 27 ’25	as ofJun 28 ’24	as ofJun 30 ’23
Market cap	6.87B	—	—
P/S	0.9×	—	—
P/B	0.7×	—	—
Source filing	10-K	10-K	10-K

About this data

Source: SNDK's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all SNDK filings on SEC EDGAR → Not investment advice.